You can clear out the smoke stain by washing everything down, including the cabinets and ceilings, and then running a reverse osmosis system.3.

My guidelines for contractors are as follows:1)Licensed2)Insured3)Can show you their current work and quality4)Are solvent and able to use their own funds to get started on the work and get paid in draws as work is completed - this protects you!  

I am little surprised that the cost of renovation will be so high that the profit scenario will be washed away.

It's a house in Tacoma, Wash.

Yes, many people today are looking for houses that will cash flow, because most of the newbies that bought at retail hoping for appreciation have already been washed out of the market (after losing a bunch of money).

I can tell you I'm in the process of signing a contract with them right now. i just moved to the Wash DC area, lets connect and perhaps i can tell you more.

Within the next 1-2 years my wife and I will be selling a 4-unit long term rental building in Wash D.C. and investing the proceeds in a Mexico vacation rental (eventually retire there).

In the early spring, we often spray the hose on the panels to wash off some of the pollen, but I'm not 100% certain it is needed given rain and overnight dew + wind.  

My son who is a wine rep is one, he drives from Mount Vernon to Oak Harbor nearly every day and has a bunch of neighbors in MV who do it every single day.Keynes said markets can stay irrational longer than you can stay solvent so buying for appreciation, even in Seattle might work but that's more risk than I'm willing to take; I need cash flow with a margin of safety... in a good employment market.

The owner is 72 and I think there is an awkward thing with his and his daughter who is a poor manager and he wants to wash his hands clean from this property.The other issue is because of poor management and because it's always been a family affair, there hasn't been a good record of financials.